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ASOS - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Retail & Wholesale | United Kingdom | June 29, 2021
$2.99
Excel Sheet

ASOS's net debt stood at GBP 238 mil and accounted for 25.7% of equity at the end of 2020. The ratio is down 65.4 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 91.2% in 2019 and a low of -62.3% in 2016 between 2006 and 2020. The average for the last five years was 7.97%.

Net debt to EBITDA was calculated at 0.758x at the end of the year.

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That is up from -1.77x seen in 2015. The ratio reached a high of 3.51x in 2019 and a low of -1.77x in 2015.

The company’s cost of funding amounted to 2.15% in 2020, up which is above the 5-year of 1.90%. Funding costs have “eaten” some 4.56% of the operating profit generated in 2019.

You can see all the company’s data at ASOS profile, or you can download a report on the company in the report section.